Decker Retirement Planning Inc. Purchases Shares of 3,202 ASML Holding N.V. $ASML

Decker Retirement Planning Inc. acquired a new position in shares of ASML Holding N.V. (NASDAQ:ASMLFree Report) during the 1st quarter, HoldingsChannel.com reports. The institutional investor acquired 3,202 shares of the semiconductor company’s stock, valued at approximately $4,229,000. ASML makes up about 1.9% of Decker Retirement Planning Inc.’s portfolio, making the stock its 14th largest holding.

A number of other hedge funds have also recently made changes to their positions in the business. Arrowstreet Capital Limited Partnership increased its position in shares of ASML by 195.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,544,705 shares of the semiconductor company’s stock worth $1,652,618,000 after acquiring an additional 1,022,532 shares in the last quarter. Capital International Investors lifted its position in ASML by 17.3% in the 3rd quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock valued at $3,791,982,000 after acquiring an additional 577,448 shares in the last quarter. Alliancebernstein L.P. boosted its stake in ASML by 75.6% during the 3rd quarter. Alliancebernstein L.P. now owns 790,869 shares of the semiconductor company’s stock valued at $765,632,000 after purchasing an additional 340,518 shares during the last quarter. Van ECK Associates Corp increased its holdings in ASML by 16.6% during the 3rd quarter. Van ECK Associates Corp now owns 2,148,506 shares of the semiconductor company’s stock worth $2,079,948,000 after purchasing an additional 305,435 shares in the last quarter. Finally, BlueSpruce Investments LP increased its holdings in ASML by 18,861.1% during the 3rd quarter. BlueSpruce Investments LP now owns 244,977 shares of the semiconductor company’s stock worth $237,160,000 after purchasing an additional 243,685 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on ASML. Wells Fargo & Company raised their target price on ASML from $1,750.00 to $2,200.00 and gave the company an “overweight” rating in a report on Monday. Morgan Stanley reissued an “overweight” rating on shares of ASML in a research report on Wednesday, June 3rd. Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a research note on Monday, June 1st. Freedom Capital raised shares of ASML from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 16th. Finally, Sanford C. Bernstein restated a “buy” rating on shares of ASML in a report on Monday, June 15th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, five have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,772.62.

Get Our Latest Research Report on ASML

ASML Stock Up 4.4%

ASML stock opened at $1,841.18 on Friday. The stock’s fifty day simple moving average is $1,622.22 and its two-hundred day simple moving average is $1,421.57. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. ASML Holding N.V. has a 1-year low of $683.48 and a 1-year high of $1,959.04. The stock has a market cap of $724.10 billion, a P/E ratio of 66.04, a P/E/G ratio of 1.34 and a beta of 1.82.

ASML (NASDAQ:ASMLGet Free Report) last announced its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. The firm had revenue of $10.15 billion during the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%. Analysts expect that ASML Holding N.V. will post 36.69 EPS for the current year.

ASML News Roundup

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About ASML

(Free Report)

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.

See Also

Want to see what other hedge funds are holding ASML? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ASML Holding N.V. (NASDAQ:ASMLFree Report).

Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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